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Archive for the May 12, 2017

    • News Desk
    • May 12th, 2017
    • Comments Off on Chinese iron ore futures fall for fourth day

    Chinese iron ore futures fell nearly 1 percent on Tuesday, dropping for a fourth session in five, amid soft demand for the steelmaking raw material. With steel consumption weaker than expected in China, the world's

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  • Though there are barely 175,000 bales (155 Kgs) left unsold on the cotton market from the current season (2017/2018), yet a dullness prevails because the buyers, the domestic textile mills, are in very bad shape

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  • Though there are barely 175,000 bales (155 Kgs) left unsold on the cotton market from the current season (2017/2018), yet a dullness prevails because the buyers, the domestic textile mills, are in very bad shape

    Read More

    • News Desk
    • May 12th, 2017
    • Comments Off on Oil price lifts some Gulf stocks, mixed earnings hit Saudi index

    Rising oil prices lifted energy company stocks in the Gulf on Thursday, but indices were mixed due to some negative earnings reports, especially in Saudi Arabia. The Riyadh index lost 0.7 percent. Savola Group, the

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    • News Desk
    • May 12th, 2017
    • Comments Off on Nigerian stocks record strongest weekly gain

    Nigeria's stock market was on track for its strongest weekly gain for 11 months on rising volumes as local funds piled into equities in the hope that foreign investors will return with liquidity in the

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    • News Desk
    • May 12th, 2017
    • Comments Off on Toyota rebounds as Nikkei 225 ends higher

    Tokyo stocks rose Thursday on a weaker yen, with Toyota rebounding as news of a share buyback offset warnings from the auto giant that it is on track for a second straight year of falling

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    • News Desk
    • May 12th, 2017
    • Comments Off on Thursday’s early afternoon trade: stocks trim losses

    US stocks trimmed losses on Thursday, but were still on track for their biggest one-day fall in nearly a month due to declines in retail and bank shares. Macy's dismal quarterly performance sent its shares

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    • News Desk
    • May 12th, 2017
    • Comments Off on Wall Street mixed; Nasdaq hits record high

    US stocks were mixed on Wednesday as investors digested President Donald Trump's abrupt dismissal of his FBI chief as well as corporate earnings from Walt Disney and Nvidia. The Dow Jones industrial average lost ground,

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  • Taiwan shares closed above the key 10,000 level on Thursday for the first time in 17 years, as retail and foreign investors snapped up shares. The main index hit a session high of 10,018.79 on

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  • US Treasury yields were little changed on Wednesday as a weak 10-year note auction offset concerns about a political storm over US President Donald Trump's ouster of the FBI chief that could hinder his plans

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